August 20, 2020
A California federal judge on Thursday substantially trimmed a U.S. Securities and Exchange Commission action alleging Volkswagen AG defrauded U.S. investors by failing to disclose its "clean diesel" emissions cheating scheme, but said former CEO Martin Winterkorn must face the regulator's claims.
August 18, 2020
Volkswagen asked a California federal judge to reject an "excessive" request for more than $1.5 million in fees by lawyers for 52 drivers who opted out of the automaker's earlier settlements in multidistrict litigation over its emissions-cheating scandal in the hopes of taking Volkswagen to trial, but never did.
August 18, 2020
The Ninth Circuit affirmed an order Monday barring an attorney from pursuing a $1.5 million lien against Volkswagen AG in Virginia state court to recover unpaid attorney fees, rejecting his arguments as "belated attempts to collaterally attack" the automaker's $10 billion deal that resolved multidistrict litigation over its emissions cheating.
August 06, 2020
Lawyers for 52 Volkswagen drivers asked a California federal judge to sign off on $1.5 million in fees and expenses after they negotiated $2.3 million in settlements to avoid another round of trials involving individual consumers seeking damages from the emissions cheating scandal.
June 29, 2020
Volkswagen told a California federal judge Friday that its upfront disclosures and an earlier settlement with the U.S. government bar the U.S. Securities and Exchange Commission's claims that the automaker knowingly misled bond investors by not revealing its "clean diesel" emissions cheating scheme.
June 18, 2020
A California federal judge on Thursday dismantled a proposed class action from Volkswagen salespeople alleging they were duped into staying in jobs that left them with unsellable inventory and lost commissions when the automaker's emissions cheating scandal erupted in 2015.
May 29, 2020
U.S. securities regulators told a California federal judge that Volkswagen knowingly misled bond investors by failing to disclose its "clean diesel" emissions cheating scheme, so it's still on the hook for securities fraud even after reaching settlements with other agencies.
April 13, 2020
Volkswagen asked a California federal judge Friday to trim the U.S. Securities and Exchange Commission's belated bid to "collect its own pound of flesh" by alleging the German automaker defrauded U.S. investors in a bond offering that failed to disclose its "clean diesel" emissions cheating scheme.
April 10, 2020
A California federal judge on Friday slashed to $23,000 the total punitive damages awarded to five Volkswagen drivers in the German automaker's first U.S. trial over its "clean diesel" emissions cheating scandal and denied their bid for a mistrial.
April 06, 2020
A jury's $100,000 punitive damages award to five drivers in Volkswagen's first U.S. trial over its "clean diesel" emissions scandal was in line with the scale of the company's "massive fraud" and should not be reduced, the drivers told a California federal court.